Narvik, Norway-based solar company ITS Innotech Solar has acquiredÂ land for a new investment in the eastern German city of Halle. The company plans to construct a facility for developing industrial power production techniques to increase the power output and guarantee the quality of solar cells.
ITS was assisted in the investment process by Germany Trade & Invest. ITS' investment will initially create 80 new jobs in the region.
‘Germany provides us with the ideal conditions to strengthen our business activities,’ says Thor Christian Tuv, CEO of ITS. ‘A thriving photovoltaic industry cluster and outstanding infrastructure here are essential for us.’
SOURCE: Germany Trade and Invest